The declared value of a package represents our maximum liability in connection with the shipment of that package, including, but not limited to, any loss, damage, delay, or misdelivery relating to that shipment. As the shipper, it’s your responsibility to prove any actual damages. Exposure to and risk of any loss in excess of your declared value is assumed by you.
Declared value is not shipping insurance.
You may or may not choose to purchase insurance from an insurance agent or broker to get door-to-door protections, coverage for losses outside of the control of A&G, expedited replacement goods, and reimbursed shipping costs. Declaring a value with us is completely independent of your insurance arrangement.
The amount you declare should reflect the total amount it would cost to replace or repair the items in your shipment. Keep in mind, though, there are maximum declared values that apply to certain items, such as artwork, jewelry, and antiques, as well as specific A&G services.
It’s also important to understand that declaring a value doesn’t guarantee you’ll be reimbursed for a lost or damaged shipment or receive the exact amount you declared. First, you’ll need to file a claim in writing. Then, since every shipment is different, we thoroughly review and investigate each case to determine liability.
Here are some key components to consider:
Receiving packaged goods.
Please be aware that any items received by us, which arrive already packaged , will not be eligible for coverage in the event of damage during their handling or transit. While we take every precaution to protect all shipments under our supervision, we cannot assume responsibility for the integrity of items that have not been packaged according to our established protocols.
Declaring a value for a shipment isn't the same as purchasing insurance.
Declared value purchased from A&G. (Higher rates compared to Insurance Brokers)
Benefits and coverage:
Reimbursements:
Insurance purchased from an insurance agent or broker.
Benefits and coverage:
Reimbursements:
Direct Signature Required for declared value shipments of $400 or more.
Declared value rates are incremental and depend on the amount you declare. The first $50 of value in your shipment is included in your shipping rate at no extra charge as part of our standard $50 limit of liability. Your declared value fees reflect any amount that exceeds that $50.
Payment for declared value is due at the same time you create your shipment and pay your shipping costs.
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